Settings8H · net · $10k
Funding arb · Price arb /

ONDS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Bybit+0.057%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1851.852% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.057%, 7d avg +0.121%
Together, before fees−0.074%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.064% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ONDSUSDT7.38200get 0.0000% / 8h2h 59m$507K$154K25x
ShortBinance ONDSUSDT7.38620get 0.0000% / 8h2h 59m$1.5M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.057% → +0.121%
−$6.38
Slippage, 4 orders
−$164.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$191.63
Costs to cover
1.852%
Break-even
never at this rate
Slippage from Bybit: live order book, 45 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 45 min ago6.07 bp53.7 bp −$54139.4 bp −$1,394doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.03 bp24.7 bp −$2582.9 bp −$829doesn't fitdoesn't fit

ONDS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONDSUSDT0.0000%8h7.3839+0.026%$2K$5K20xas long as short
Binance ONDSUSDTshort0.0000%8h7.3862+0.057%$1.5M$1.4M20x
Bybit ONDSUSDTlong0.0000%8h7.3820long leg$507K$154K25x
OKX ONDS-USDT-SWAP0.0000%8h7.3910+0.122%$186K$120K10xas long as short
Gate ONDS_USDT0.0000%8h7.3790−0.041%$367K$218K20xas long as short
Bitget ONDSUSDT0.0000%8h7.3870+0.068%$890K$433K20xas long as short
GRVT ONDS_USDT_Perp0.0000%8h7.3871+0.069%$2K$152K10xas long as short
SunX ONDS-USDT0.0000%8h7.3800−0.027%$1K$482K10xas long as short
HTX ONDS-USDT0.0000%8h7.3600−0.298%$5K$1K10xas long as short
Vest ONDS-USD-PERP+0.0046%1h7.3800−0.027%5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONDSUSDTM+0.0100%8h7.3900+0.108%$79K$582K20xas long as short